The Scottish Housing Regulator has removed Kincardine Housing Co-operative from the register of social landlords following the transfer of its homes to Grampian Housing Association.
The Regulator has taken this action as the co-operative no longer manages or rents homes and no longer carries out social housing functions following the transfer.
The transfer came after the Regulator used its statutory powers to direct a transfer of Kincardine’s assets late last year.
It took this action to safeguard the interests of tenants after its statutory intervention and independent investigations identified serious failures in governance and financial management.
Ian Brennan, Director of Regulation, said:
“We have removed Kincardine from the register of social landlords as the co-operative no longer meets the criteria for registration.
“Following the transfer of its homes to Grampian Housing Association, the co-operative no longer manages or rents homes.
“We used our statutory powers last year to direct the transfer because of serious failures in Kincardine’s governance and financial management.
“We took this action to safeguard and promote the interests of Kincardine’s tenants and ensure their homes were secure and that they continued to receive good services.
“The de-registration of Kincardine marks the end of our statutory intervention in the co-operative.“
- The Scottish Housing Regulator was established on 1 April 2011 under the Housing (Scotland) Act 2010. Its objective is to safeguard and promote the interests of tenants and others who use local authority and RSL housing services. The Regulator operates independently of Scottish Ministers and is accountable directly to the Scottish Parliament. It assumed its full regulatory responsibilities on 1 April 2012. The Regulator consists of the Chair and eight Board members. More information about the Regulator can be found on its website at www.scottishhousingregulator.gov.uk
- SHR regulates around 160 registered social landlords and the housing activities of 32 local authorities.
- SHR sets out the legislative and regulatory criteria for registration as a social landlord in section 9 of the published Framework.
- SHR decided to transfer Kincardine to Grampian Housing Association in November 2018. SHR directed the transfer after 70% of tenants who responded to an independent consultation voted in favour of the move. The consultation was carried out by the i independent tenant advisor, the Tenants Information Service. https://www.scottishhousingregulator.gov.uk/news/kincardine-housing-co-operative-transfer-grampian-housing-association-following-regulator%E2%80%99s
- The transfer of homes from Kincardine to Grampian Housing Association was successfully completed in January this year. https://www.scottishhousingregulator.gov.uk/news/transfer-homes-kincardine-grampian-protects-tenants%E2%80%99-interests-says-regulator
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